Owner of durable medical equipment companies charged in $30M fraud scheme

The owner of two durable medical equipment companies has been charged for his alleged role in a $30 million Medicare fraud scheme. 

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Raju Sharma, 61, of Sharon, Mass., is accused of billing Medicare for medically unnecessary equipment, according to a Feb. 20 Justice Department news release. Between February 2021 and February 2025, Mr. Sharma allegedly entered into contracts with telemarketing companies that generated durable medical equipment orders by targeting Medicare beneficiaries. He is accused of paying the marketing companies on a per-lead or per-order basis. 

Mr. Sharma allegedly worked with multiple co-conspirators to open and operate additional durable medical equipment companies in the same fraudulent manner, according to the release. In total, the companies connected to Mr. Sharma billed Medicare $29.6 million and were paid $15.8 million. 

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